Faculty & Research Archive

Excerpt from Benefit News -- "There’s other research by Lisa Leslie and Colleen Manchester that didn’t look at gender or parental status, but looked at what does your manager assume the reason for your flexible work arrangement is. If the manager believes that you’re working at home for some productivity reason, then that’s viewed positively. If the manager assumes you’re working at home for a family reason, then that’s judged negatively." Read more

Excerpt from The New York Times -- "Across an entire city, those costs outweigh the benefits of foreign investment, according to two finance professors, Jack Favilukis of the University of British Columbia and Stijn Van Nieuwerburgh of New York University. They modeled what happens when a market like New York City is shocked by an inflow of absentee out-of-town buyers. ... 'And then there are costs that are harder to quantify,' Professor Van Nieuwerburgh said. 'The texture of the city, the socioeconomic makeup of the city, is changing.'" Read more

When a small neighborhood business is pressured to shut its doors, or at least change its name, because a larger business claims trademark dilution – for instance, a printing shop in Boston called Lexus – disappointed local patrons may often be skeptical of the legitimacy of the charge. In what could turn out to be a blow to rights holders of famous brands, recent research by a team of NYU academics, including NYU Stern Marketing Professor Joel Steckel, demonstrates that the evidence for trademark dilution in such cases is thin indeed. Read more

Excerpt from MetroMBA -- "Barasch explains how her group’s research could impact business, consumers and educators down the road. 'If you want to retain more information from a guided tour, for example, you may be better served to put the camera away. Similarly, teachers may ask students to take photos on a non-narrated museum visit to aid their visual memories.'"Read more

With Trump’s Bastille Day visit with France’s Emmanuel Macron ending on a high note, many are speculating whether this meeting resulted in more common ground in the wake of the G20 tensions. Looking back on this year’s G20 agenda and Trump’s meeting with Macron, three items dominated the dialogue: trade, immigration, and climate change. Part of the reason that these were central topics in this year’s confab is because the US has decided to pursue a more isolationist, protectionist, and inwardly focused nationalist agenda. Read more

Souvenir means “to remember” in French, and new research from NYU Stern Professor Tom Meyvis demonstrates why. The authors found that, although we reminisce about our experiences much less than we expect, actual physical mementos – not simply posting digital photos – can spur us to remember and reminisce more often. Read more

Music distribution models continue to be in flux, with new streaming services struggling to turn a profit. Recent media stories have reported: SiriusXM’s investment in Pandora and the exit of many in its upper management; Spotify’s growing losses; and, most recently, Apple’s proposal for a reduction in the royalties that it pays to the labels. Congress may add to the flux with its consideration of the Fair Play Fair Pay Act, which would require that radio stations pay royalties to the labels as well. Read more

On 12 June 2017, the US Treasury published the first of four reports designed to implement the seven core principles for regulating the U.S. financial system announced in President Trump’s Executive Order 13772 (3 February 2017). The 147-page report (US Treasury 2017) focuses on depositories. Future reports are slated to address “markets, liquidity, central clearing, financial products, asset management, insurance, and innovation, among other key areas”. Read more

Financial markets are starting to get rattled by the winding down of unconventional monetary policies in many advanced economies. Soon enough, the Bank of Japan (BOJ) and the Swiss National Bank (SNB) will be the only central banks still maintaining unconventional monetary policies for the long term. Read more

Not known for his sparkling sense of humor, EU Commission president Jean-Claude Juncker may be seriously underrated in the “zinger” department. In a well-reported speech (in French) a couple of weeks ago, he prefaced his remarks by noting (in English) that after Brexit the English language would gradually lose its commercial importance to the 24 continental European languages, notably French and German - the two post-Brexit EU “working languages.” Read more

The European Union (EU) hit Google this week with a huge fine for violating antitrust law in comparison shopping. Google is also currently under investigation by the EU for illegally tying the Android operating system with Google search, on monopolizing advertising, and a couple of other issues–in total five different antitrust investigations. Read more

“Today’s Germans are bad, really bad,” President Trump tweeted a few weeks ago. How’s that? Maybe he meant “They’re good, really good. So good at competing in world markets, they’re really bad.” Read more